PA, S/R, ZL, EXTREMES & MOMO

[pp2]

Hi MO,

I'm trading renko at the moment and luvin it so when you mentioned P&F, you got me really excited!

But looking forward to what you are going to show us soon regardless.

Thanks a bunch!

[MightyOne]

Hi MO,

I'm trading renko at the moment and luvin it so when you mentioned P&F, you got me really excited!

But looking forward to what you are going to show us soon regardless.

Thanks a bunch!

I wouldn't withhold anything from you guys =)

Trading is not charts, it is psychology & money management.

We don't trade charts, we understand the masses through the voice of the charts.

To trade just because there is a signal based on a pattern is folly.

[TygerKrane]

hey guys,

found this reading on Point & Figure, it may help some to get ready for MO's lessons in September.

Unless i missunderstood?

well drop me a pm...and include your email...it is too big of a pdf to attach here. I will be glad to send it to anyone that wants it.


dojirock

doji,
You can make a free, and minimal-info-necessary-to-sign-up account here (they handle large files), and after you upload it there, you get a link to post around:

http://www.4shared.com/


I already have an account, if you want you can email it to me and I'll make a link.


~Krane

::EDIT::
LOL, I just read MO's post about laying off the P&F

[TygerKrane]

Hi MO,

I'm trading renko at the moment and luvin it so when you mentioned P&F, you got me really excited!

But looking forward to what you are going to show us soon regardless.

Thanks a bunch!

I wouldn't withhold anything from you guys =)

Trading is not charts, it is psychology & money management.

We don't trade charts, we understand the masses through the voice of the charts.

To trade just because there is a signal based on a pattern is folly.

>> We don't trade charts, we understand the masses through the voice of the charts. <<

LOL, the same thought has been running through my mind, as I study the PA of Gold & Silver at all-time-highs. Mass hysteria/herd mentality mixed with a little bit of good 'ole fashioned institutional tomfoolery (since they are after all, trying to keep all that dough for themselves.) ::EDIT:: recent Gold and Silver PA ::EDIT::

>> Trading is not charts, it is psychology & money management. <<

Isn't that the same thing you said last week??
You mean the principles of successful trading haven't changed since then?
Your emphasis is much appreciated by me, anyway.

[bredin]

I saw a post somewhere (probably zero hedge) that showed the inflation adjusted price of gold... its about 1/3 the price it was in 1981.

G.

[Jalarupa]

I saw a post somewhere (probably zero hedge) that showed the inflation adjusted price of gold... its about 1/3 the price it was in 1981.

G.

Sidenote

This "inflation" you speak of, doesn't include oil prices and food...

Can you say "waaah waaah waaaaaaaaaaaaaaaaaaaaaah.....?"

[cwn6161]

Jalarupa - were you looking for this?

www.sadtrombone.com

[Jalarupa]

Jalarupa - were you looking for this?

www.sadtrombone.com

BEEEG GRIN!

[EDIT] you are now my sms alert sound! Can't wait to see how long this will last around the office till it gets on peoples nerves... lmao

[newscalper]

Hi guys, im not very good at explaining things because of my poor english, so i will just post my trades and if i do something wrong, please remind me. Thanks in advance


Long euro. I am using black as my body so i assumed white is my wicks. I know its at weekly high but it kind of broke recent range, so can i assume its uptrend?

This still confuses me greatly. One of the reasons is that folks often only show their buy/sell price. At what time did you enter? Did you enter on the break of a CC, or did you use the single TF for entry trigger? Vertical lines help.

[Jalarupa]

NS with this strategy, one enters on a line... If price closes over a line after your entry in relation to your line, then you are either in the money or out of pocket.

Your options are then to add on the pull backs or subtract on the pullbacks - or exit to forego further loss or exit to take some off the table.

MO always says it doesn't matter if you are right right away, as long as you are right in time... Or something to that effect...

I often have price going against me for hours until she finally turns and shows her true ways.